Oil prices fell roughly 1% on Thursday, as concerns eased about shipping disruptions along the Red Sea route, even as tensions in the Middle East continue to fester. Brent crude futures were down 97 cents, about 1.2%, at $78.68 a barrel by 1026 GMT on subdued trade ahead of their imminent expiry, while the more ...
The Israeli military said its forces were confronting Hamas fighters across the Gaza Strip, indicating its planned ground offensive in the enclave's refugee-crowded south had begun as Israeli ...